Astra Honda Motor

PT Astra Honda Motor is a motorcycle manufacturer based in Jakarta, Indonesia. It is a joint venture between Honda and Astra International (with a 50% stake each).[1]

PT Astra Honda Motor
TypeJoint venture
IndustryAutomotive
Founded1971
HeadquartersJakarta
Area served
Indonesia
ProductsMotorcycles
OwnersHonda (50%)
Astra International (50%)

History

Astra Honda Motor was formed in 1971 as PT. Federal Motor with the assembly of Honda motorcycles. At the same time, it took over as the sole agency.

In 2000, the Astra Honda Motor joint venture was agreed between Honda and Astra International, which began operations in January 2001.[2] According to another source, the new company was a merger between PT. Federal Motor and PT. Honda Federal.[3]

Ten million Honda motorcycles were manufactured in Indonesia by 2003.[1]

In 2004 and 2005, Honda built a third plant in Bekasi.[2] In March 2015, the company opened a fourth plant in Karawang.[4][5] With a production capacity of 5.3 million motorcycles, Astra Honda Motor is the world's largest manufacturer of Honda motorcycles.[5]

At the beginning of 2015, around 22,400 people were employed at AHM.[5]

Honda has a very large market share in Indonesia, for example 73% in the first half of 2016.[6] The Indonesian market for motorcycles is one of the largest in Southeast Asia with more than 7 million units.[7]

References
  1. "Honda's Cumulative Motorcycle Production in Indonesia Reaches 10 Million". global.honda. 2003-05-26.
  2. "Honda Begins Construction of Third Motorcycle Plant in Indonesia". world.honda.com. 2004-09-08.
  3. Mochamad Pasha und Ira Setiati: A Case in International Production Networks and Trade Liberalization: Indonesia’s Automotive Industry, in: ARTNeT Regional Study on Multilateral Trade Liberalization and Regional Integration.
  4. "Astra Honda Motor to Open New Factory in Karawang". tempo.co. 2014-11-12.
  5. "Inaugurates New Factory, AHM Becomes the Biggest Honda's Motorcycle Manufacturer in the World". fami-motorcycle.org. 2015-03-18.
  6. Jardine Strategic (2016-07-28). "PT Astra International Tbk 2016 First Half Financial Statements" (PDF). www.jardines.com.
  7. Carla Isati Octama (2015-01-07). "Astra Honda Raises Sales Target as Market Booms". jakartaglobe.id.
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